The major sources of revenue for the state and local gove...
The major sources of revenue for the state and local governments is
Value added tax
Statutory allocation
Taxes and levies
Recurrent revenue
Correct answer is B
Statutory allocation; this is the grant from the federal government to the state and local government.
The directors of Olu Ltd. recommended a dividend of 10% on 1,000,000 ordinary share capital of ...
Which of the following expresses the accounting equation? ...
A partnership deed is used to____________ ...
Expenditure incurred on consumables and goods for resale is? ...
Given: Club N150 Cash sales N4,850 Club debtors at close N900 Cash received from debtors N550 ...
Use the following to answer the given question DEBTORS CONTROL ACCOUNT: \(\begin{array}{c|c} &...
Dairo and Segun are in partnership sharing profits and losses in the ratio 2:3 respec...
Which of the following subsidiary books involves cash movements? ...